2797 S Dard Hills CtMillcreekUT84109
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Millcreek at 2797 S Dard Hills Ct, Millcreek, UT, 84109 priced at $792,000 converts $3,959/mo rent into after a $3,876/mo obligation. Total monthly income equals $3,959/mo. Return on cash invested prints 16.23% in year one, and rental yield reads 6% against a $792,000 entry. Equity gained on principal adds $5,111/yr, while 5% annual appreciation compiles into $218,815 by year five. Five-year ROI reaches 82.88% and total cumulative return in cash sums $215,956. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,959/mo property income covering a $3,876/mo payment, not borrower’s personal income.
Single Family
Built in 2002
3,049 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84109, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,236 (100%) |
| Owner Occupied HU | 6,697 (72.5%) |
| Renter Occupied HU | 2,277 (24.7%) |
| Vacant Housing Units | 262 ( 2.8%) |
| Median Home Value | $788,779 |
| Average Home Value | $840,206 |
Housing Distribution
Address Breakdown
Residential
9,145
Single Family
9,019
Multi-Family
126
Businesses
707
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